In the first season in which football clubs’ accounts have come under the scrutiny of the Financial Fair Play rules, the overall health of English league clubs has deteriorated, according to a report issued today.
Fifty jobs have been saved after a Salisbury care agency which supplied home care nursing staff across Wiltshire was sold out of administration.
The Kyle Shopping Centre in Ayr, the nearby Arran Mall and an adjacent development site in Carrick Street have been sold in a multi million pound deal.
Following the appointment of Bob Maxwell and Julie Palmer as joint administrators of Dorchester Care LLP and its designated member Lyndale Healthcare Limited on 10 April 2014, buyers are being sought for three nursing homes.
More than 2,600 SMEs in the sector struggle to survive as consumer spending habits evolve
According to the latest Begbies Traynor Red Flag Alert for Q1 2014, which monitors the financial health of “Corporate UK”, levels of ‘Critical’ financial distress among UK businesses has decreased by 7% year on year, from 3,283 in Q1 2013 to 3,063 in Q1 2014. Construction, financial services and travel & tourism saw some of the largest declines in distress, falling 15%, 31% and 11% respectively.
York-based MSS Clean Technology has been purchased by Environmental Engineering, securing the jobs of all 12 staff including the management team.
Administrators Begbies Traynor, jointly with Valad Europe, are marketing the Kyle Shopping Centre in Ayr. Read more on Begbies Traynor Group news section.
New research from Begbies Traynor, the UK’s leading independent insolvency practice, today reveals the towns and cities in the UK with the highest levels of corporate financial distress. The research, undertaken using the Red Flag Alert dataset, alarmingly reveals that as the beleaguered south west struggles with severe weather and flooding many of the region’s coastal towns are topping the financial distress league table.
On 13 January 2014 Bob Maxwell and Nick Reed of Begbies Traynor in Leeds were appointed as joint administrators of the well-known country house hotel, Dunsley Hall, near Whitby.
According to the latest Begbies Traynor Red Flag Alert for Q4 2013, which monitors the financial health of “Corporate UK”, levels of ‘Critical’ financial distress among UK businesses continued to recover during the final quarter of 2013, as improving business confidence drove strong growth across the UK’s core services sectors and encouraged growing numbers of entrepreneurs to incorporate new businesses during the past year.
A Plymouth nursing home is to close in early February after receivers were unable to find a buyer for the struggling business.
“Luton based frame fabricators, Weathershield Windows Limited (the Company), has been placed into Administration by the Directors of the Company.
The popular Whitworth Hall Hotel in Spennymoor near Durham has been sold by administrators.
This Christmas, retailers across the country are succumbing to the cold as Austerity Britain gets into full swing, according to the latest research from Begbies Traynor, the UK’s leading business recovery practice.
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